In 49 BCE a provincial governor named Julius Caesar and a single legion of troops crossed a small stream in northern Italy – the Rubicon River – sparking a civil war that led to Caesar's reign and ...
The 2-year vs 10-year yield curve has inverted for the first time since 2019 (chart 1). This bond market phenomenon means the rate of the 2-year note is now higher than the 10-year note yield.